Europa Consulting: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Europa Consulting
Largest movements
- Receivables within one year +€16,576
up €16,576 (+1,000%), from €1,657 to €18,233
of which Trade receivables: +€12,465
- Formation expenses -€1,242
down €1,242 (-100%), from €1,242 to €0
- Financial fixed assets +€300
up €300 (+30.0%), from €1,000 to €1,300
- Reserves +€11,199
up €11,199 (+681%), from €1,645 to €12,845
- Tax, wage and social debts +€3,577
up €3,577 (+870%), from €411 to €3,989
- Trade debts +€775
new in 2025: €775
- Gross operating margin +€11,962
up €11,962 (+349%), from €3,430 to €15,392
- Taxes +€2,390
up €2,390 (+581%), from €411 to €2,802
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,064 | €25,589 | +€15,526 | +154% |
| Formation expenses | 20 | €1,242 | €0 | -€1,242 | -100% |
| Fixed assets | 21/28 | €1,000 | €1,300 | +€300 | +30.0% |
| Financial fixed assets | 28 | €1,000 | €1,300 | +€300 | +30.0% |
| Current assets | 29/58 | €7,822 | €24,289 | +€16,468 | +211% |
| Amounts receivable within one year | 40/41 | €1,657 | €18,233 | +€16,576 | +1,000% |
| Trade receivables | 40 | - | €12,465 | +€12,465 | |
| Other amounts receivable | 41 | €1,657 | €5,768 | +€4,111 | +248% |
| Cash at bank and in hand | 54/58 | €165 | €57 | -€108 | -65.6% |
| Deferred charges and accrued income | 490/1 | €6,000 | €6,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €10,064 | €25,589 | +€15,526 | +154% |
| Equity | 10/15 | €6,645 | €17,845 | +€11,199 | +169% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,645 | €12,845 | +€11,199 | +681% |
| Distributable reserves | 133 | €1,645 | €12,845 | +€11,199 | +681% |
| Amounts payable | 17/49 | €3,419 | €7,745 | +€4,326 | +127% |
| Amounts payable within one year | 42/48 | €3,419 | €7,745 | +€4,326 | +127% |
| Trade debts | 44 | - | €775 | +€775 | |
| Suppliers | 440/4 | - | €775 | +€775 | |
| Taxes, remuneration and social security | 45 | €411 | €3,989 | +€3,577 | +870% |
| Taxes | 450/3 | €411 | €3,989 | +€3,577 | +870% |
| Other amounts payable | 47/48 | €3,007 | €2,982 | -€26 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,354 | €1,242 | -€112 | -8.3% |
| Gross operating margin | 9900 | €3,430 | €15,392 | +€11,962 | +349% |
| Operating profit (loss) | 9901 | €2,075 | €14,150 | +€12,074 | +582% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €19 | €160 | +€141 | +752% |
| Recurring financial charges | 65 | €19 | €160 | +€141 | +752% |
| Profit (loss) for the period before taxes | 9903 | €2,057 | €14,001 | +€11,944 | +581% |
| Income taxes | 67/77 | €411 | €2,802 | +€2,390 | +581% |
| Profit (loss) for the period | 9904 | €1,645 | €11,199 | +€9,554 | +581% |
| Profit (loss) for the period to be appropriated | 9905 | €1,645 | €11,199 | +€9,554 | +581% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.